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dfptommyj replied Aug 13, 2010looks like inverted head n shoulder might be builing here intraday...
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dfptommyj replied Aug 13, 2010I think the biggest E problem is the behavior of US markets... this is some current data from DJ: Spain Q2 GDP Rises 0.2% On Quarter Czech Q2 GDP Grows 0.8% Sequentially Hungary June Industrial Output Up 15.2% On Year there are more remember when ...
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dfptommyj replied Aug 13, 2010why do you want this price to go down so bad? it did for last 4 days allready, let it take breath, dont you see the data report, thats the gross domestic product for G sake, dont you like german cars :-) ?
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dfptommyj replied Aug 13, 2010little panic? i dont think it was short covering only... germany means too much to these markets
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dfptommyj replied Aug 13, 2010i have a funny feeling it will retest the pivot and than up if today at all (friday, US data coming), they know it should go up so let it drop and buy @ better price
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dfptommyj replied Aug 13, 2010yep, techicals... but it may actualy build the bottom here, yestardays daily candle was kinda reversal looking
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dfptommyj replied Aug 13, 2010the resistance was here, wich is the 14 ma on 4h, it usualy always is, if we close above that there is hope for north today if not we may see additional retest of the bottom, but the price should go higher anyways after that german data, thats a ...
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dfptommyj replied Aug 13, 2010Im half out @ these levels, the street can f it up again, after all its friday, good luck guys...


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dfptommyj replied Aug 13, 2010DXY nice kicker candle on 1H lets see if they can go below that MA
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dfptommyj replied Aug 13, 2010that means when markets have taste to make some mula going against the "safe haven stuff" like buck and yen
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dfptommyj replied Aug 13, 2010stocks up is good for risk apetite in fx, that means bad for $
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dfptommyj replied Aug 13, 2010thats right, the markets cant just freefall again, common sense, unless...

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